Dayforce

Dayforce Inc., formerly Ceridian, stands as a global leader in human capital management (HCM) software and services, offering an integrated cloud platform that revolutionizes how organizations manage their workforce. Headquartered in both Toronto, Canada and Minneapolis, Minnesota, Dayforce serves over 6,876 customers across more than 50 countries, with 7.62 million employees actively using the platform as of December 2024. The company underwent a significant brand transformation in February 2024, transitioning from Ceridian to Dayforce to align its corporate identity with its flagship product and reflect its evolution into a comprehensive HCM powerhouse.

At the heart of Dayforce's offering is its unified, cloud-based HCM platform that seamlessly integrates HR, payroll, benefits, workforce management, talent management, and analytics into a single application. Unlike traditional HCM systems that cobble together multiple point solutions, Dayforce operates on a single, real-time data model that enables instant updates and insights across all modules. This architectural advantage allows organizations to make faster, more informed decisions while ensuring compliance with regulations across different regions. The platform's AI-powered capabilities help businesses optimize labor costs, improve employee engagement, and streamline administrative workflows that traditionally consume significant HR resources.

Dayforce's market position is distinguished by its recognition as a Leader in the 2025 Gartner Magic Quadrant for Cloud HCM Suites for the sixth consecutive year, validating its technological innovation and market execution. The company generated $1.16 billion in Dayforce recurring revenue for 2024 (excluding float), representing a 20.7% increase year-over-year on a constant currency basis. With an impressive 98.0% annual gross revenue retention rate and strong customer growth of 7.6% year-over-year, Dayforce demonstrates both the stickiness of its platform and its ability to attract new enterprise customers. The company serves organizations of all sizes across diverse industries, from small businesses to Fortune 500 enterprises, positioning itself as a comprehensive solution for the entire employee lifecycle from hiring to retirement.

The company's trajectory took a dramatic turn in August 2025 when private equity firm Thoma Bravo agreed to acquire Dayforce in a landmark $12.3 billion all-cash transaction, representing a 32% premium over the company's trading price. The deal, which includes a significant minority investment from the Abu Dhabi Investment Authority, was approved by 88.4% of shareholder votes in November 2025 and is expected to close in late 2025 or early 2026. With more than 9,600 employees globally and a culture anchored in values of Customer Focus, Shared Ambition, Agility, Equity, Optimism, and Transparency, Dayforce continues to innovate in the rapidly evolving HCM market while maintaining its mission to "Make Work Life Better" for organizations and employees worldwide.